Domestic urea price trends on August 5

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Domestic urea price trends on August 5 Author/Source: Date: 2019-08-05 Clicks: 5 Since the weekend, urea prices in areas such as Lianghe in Shandong have remained relatively stable at lower levels. Currently, the standard ex-factory price of urea in Shandong region is 1,850–1,900 yuan per ton (the same applies below). In Linyi region, the purchase price of urea by compound fertilizer manufacturers has dropped slightly to 1,850–1,860 yuan per ton ； The prevailing ex-factory price of urea in Hebei region is 1,870–1,900 yuan, with prices at some larger manufacturers slightly lower ； The mainstream ex-factory price of urea in Henan region is 1,830 yuan; for deals with large manufacturers, the price is around 1,800 yuan or slightly lower at the ex-factory level ； The standard ex-plant price of urea in Shanxi region is 1,750 yuan, while that for large-grained urea is 1,760 yuan ； The prevailing ex-factory price of urea in Anhui region is 1,850–1,870 yuan, with a slight decline in prices ； The prevailing ex-factory price of urea in Jiangsu is 1,880 yuan; demand in the local market is relatively weak, so prices remain stable at low levels. In summary, at the current stage, the agricultural demand in various regions is either nearing completion or has already ended. The demand from compound fertilizer manufacturers is relatively moderate, and production levels remain high for now; however, it is expected that prices may see further declines in the future. Regional market prices: Unit: yuan/ton (bolded in the table refers to large-grained urea)